Facebook Billionaire Mark Zuckerberg's $100M Hawaiian Paradise

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Facebook founder and chief Mark Zuckerberg spent more than $100 million on 700 acres of land on Kauai's North Shore to create a private "sanctuary" for his family, reports say.

Zuckerberg bought two pieces of land for more than $100 million and must still build a dream house, according to Forbes. The first tract was a 393-acre piece in Pila'a Beach, an isolated stretch of white sand beach, and the other was adjacent Kahu'aina Plantation, a 357-acre former sugar plantation. The former plantation had a beach and "working organic farm," Forbes wrote. Recently both properties were for listed at $70 million and $66 million respectively.

Although there's a "lengthy non-disclosure agreement" about Zuckerberg's property shopping, Forbes seemed confident in calling it a "well-known secret" on the island that the Facebook founder was shopping for property on Kauai's North Shore.

Despite the large tracts of land, Zuckerberg is also buying up "kuleanas," or small pieces of land with basic housing or huts for weekend or vacation spots. These kuleanas have often been passed from generation to generation, but Zuckerberg plans to buy the 24 scattered around his land for a "totally private" compound.

For those familiar with wealthy landowners buying coastland, the idea seems to be to have as much control over access to the land as possible. While private beaches are illegal in Hawaii -- as they are in California -- if the story is true, then Zuckerberg will be moving most of the area's people away from his 700-acre compound so only he and his family can enjoy it.